Groupon announced that its board of directors has appointed Dusan Senkypl, co-founder of Pale Fire Capital and a member of the board, to the role of interim CEO, effective immediately. Senkypl, who will be based in the Czech Republic, will remain on the Groupon board of directors. Senkypl succeeds Kedar Deshpande, who has stepped down as CEO and director of Groupon and will serve as an advisor to the company for 60 days to aid in a transition.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on GRPN:
- Groupon price target lowered to $4 from $6 at Barclays
- Groupon sees Q1 adjusted EBITDA ($10M)-($5M)
- Groupon expects to reduce current cost structure by an additional $100M
- Groupon withdraws previous FY23 free cash flow, adjusted EBITDA margin guidance
- Groupon reports Q4 adjusted EPS (38c), consensus (40c)